THOMAS FRANK E 4
4 · Larimar Therapeutics, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Larimar (LRMR) Director Thomas Frank Buys 5,000 Shares
What Happened
- Thomas Frank, a director of Larimar Therapeutics, acquired 5,000 shares of Larimar common stock on February 27, 2026. The shares were purchased at $5.00 each, for a total transaction value of $25,000. This was a purchase (transaction code P), which is a direct buy of common stock rather than a derivative or exercise.
Key Details
- Transaction date and price: Feb 27, 2026 — 5,000 shares at $5.00 per share.
- Total value: $25,000.
- Filing date: Form 4 filed March 2, 2026 (appears timely based on standard Form 4 rules).
- Shares owned after transaction: not disclosed in the filing.
- Footnote: The purchase “represents shares of common stock purchased in the underwritten offering of Larimar Therapeutics, Inc. at the offering price, which closed on February 27, 2026.” (Footnote F1)
Context
- The shares were acquired through the company’s underwritten offering (per the footnote), meaning the insider participated in a planned offering rather than making an open-market speculative buy. Purchases by insiders can be informative to investors, but this transaction was part of a company offering rather than a spontaneous open-market trade.
Insider Transaction Report
Form 4
THOMAS FRANK E
Director
Transactions
- Purchase
Common Stock
[F1]2026-02-27$5.00/sh+5,000$25,000→ 7,000 total
Footnotes (1)
- [F1]Represents shares of common stock purchased in the underwritten offering of Larimar Therapeutics, Inc. at the offering price, which closed on February 27, 2026.
Signature
/s/ Jennifer Johansson, Attorney-in-fact|2026-03-02